What business would you start with $40,000?

115 replies
Hey Warriors,

I would like to request your insights/advices!

My background is in Online/mobile advertising/gaming and I have $40,000 at my disposal to start a new business. I also have some knowledge of the Affiliate marketing world. After spending this money I won't have anything left.

What would you do? What field would you choose and why?

I hope to be inspired by your answers.

Thank you!

D.
#$40 #$40k #business #start
  • Profile picture of the author salegurus
    [DELETED]
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    • Profile picture of the author The Niche Man
      Originally Posted by salegurus View Post

      Maybe you can answer this for me. I can't for the life of me understand why people ask for financial advice on a forum?
      My thoughts exactly. But maybe he means opinion instead of advice. He just wants to get some general ideas. I couldn't imagine he`d take our advice just based on a Forum post. He`ll still do his own exhaustive research, get help from a seasoned expert he can trust and never, ever invest more than he can afford to lose. I'm sure that's his plan.
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  • Profile picture of the author jamescanz
    I would create a funnel in a proven niche...

    Make sure the FE converts well...

    Then really focus on the back end.

    From there, you'd have plenty of money to test on advertising...

    And you can test and improve your funnel along the way
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  • Profile picture of the author wasa1
    I would never use money on a new venture that I know, if I lost it all, I would have no money left.
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  • Profile picture of the author brutecky
    I would do what I did .. buy a house for cash, rent it out for $600 a month and make 13% net interest on my money without changing my net worth at all.
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  • Profile picture of the author Jeff Lenney
    Banned
    Make sure you ignore any PM's coming your way, you're about to get a TON of people offering you the latest and greatest affiliate link or MLM scheme
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    • Profile picture of the author woopshop
      damn you ! I was going to send him an affiliate link. But you are right.
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  • Profile picture of the author TygraOlympia
    Move to a state that recently legalized medicinal cannabis and build a dispensary. Play it as the owner and outsource the other positions to the locals. Let them handle that mess of shit while all you do is sign off legal papers saying you have the licenses necessary to make the operation legit.
    Cash in on the sick people off a natural remedy and become a millionaire within 6-18 months.
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    • Profile picture of the author badassmarketer
      Personally I would not start a $40,000 business. Because most businesses fail so that would be a way to waste your money, and be left with no more capital to try other business models.

      First of all you'll need a website with useful information. A website where people want to return and consume more content. Have an email form and make sure its effective in capturing emails.

      Thankfully you have money to hire someone who is good at building responsive websites. Make sure to look for the best deals though. Just cause you have $40,000 doesn't mean that you can't find services for cheap.

      Traffic to your website is key to building your list. So you'll have more than enough ideas to drive traffic to your website from here. http://www.warriorforum.com/main-int...ffic-tips.html

      Start small. Start something you can initially do your self, or outsource very cheaply. No more than $500 to $1000 to test. Heck I am sure you can do it for even less than that but let's stick to those figures.

      Once you see it has given you a return on your time and investment, that's when you have something. That's when you scale up, and then you can gradually hire people to take you out of the equation as much as possible. But first you must experience that small success in order to scale it up.

      Think about Apple. They started in a garage with very little resources. They didn't have $40,000 to spend, and if they did I guarantee they didn't use that in their initial start. They started very small. With only 1 computer. Once they experience small success they scaled up. And look at them now.

      Start small, and scale up. If something doesn't work move on. And do the same, and eventually you'll hit something you can scale up to.
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    • Profile picture of the author MeelisM
      Originally Posted by TygraOlympia View Post

      Move to a state that recently legalized medicinal cannabis and build a dispensary. Play it as the owner and outsource the other positions to the locals. Let them handle that mess of shit while all you do is sign off legal papers saying you have the licenses necessary to make the operation legit.
      Cash in on the sick people off a natural remedy and become a millionaire within 6-18 months.
      That's a really good one actually!

      MeelisM
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    • Profile picture of the author YourBizAid
      Banned
      Originally Posted by TygraOlympia View Post

      Move to a state that recently legalized medicinal cannabis and build a dispensary. Play it as the owner and outsource the other positions to the locals. Let them handle that mess of shit while all you do is sign off legal papers saying you have the licenses necessary to make the operation legit.
      Cash in on the sick people off a natural remedy and become a millionaire within 6-18 months.
      If you know this thing will work like you said, why haven't you borrowed $40,000 from your local bank and turn a millionaire in 18months?
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  • Profile picture of the author XponentSYS
    I would buy out the fleet (or fleets) of (a) local Taxi company(ies).

    All those "lease fees" that roll in every day, day in and day out, are one of the closest things to passive income as one can get in the "regular world".

    It's like the "storage unit" business. It'd down and dirty old fashioned but it's also one of those things that is easy to scale (keep adding used police cars) and can build substantial wealth.

    I know it's OT...... but you asked me what id do if I were you.
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  • Profile picture of the author NevinC
    There's no need to use all. Just take out a few $k and invest in some small online business. Start small..
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  • Profile picture of the author vishwa
    Thats a huge amount to be invested. Better take proper consultancy with professional financial advisor which will help you to invest the money in right and proper way which will maximize your returns.
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  • Profile picture of the author hbeladiya
    Business of loan is good with that amount. You can earn good amount without loosing your net worth.
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  • Profile picture of the author Jbarzok
    Well I would advise you to make a budget. Half of your savings, let's say $20,000. According to famous saying
    "Don't lay all your eggs in one basket"
    Invest in at least 3 different modules. Wait for the one that brings the highest return. Once you got a winner, Invest rest of the amount in it.
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  • Profile picture of the author discrat
    Originally Posted by Nashtbg View Post

    Hey Warriors,

    I would like to request your insights/advices!

    My background is in Online/mobile advertising/gaming and I have $40,000 at my disposal to start a new business. I also have some knowledge of the Affiliate marketing world. After spending this money I won't have anything left.

    What would you do? What field would you choose and why?

    I hope to be inspired by your answers.

    Thank you!

    D.
    Take 2 grand create a solid funnel and buy some quality traffic and put the rest away for a rainy day.



    - Robert Andrew
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  • Profile picture of the author Gambino
    I would start a business advising people how to invest their money.
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  • Profile picture of the author web lover
    Personaly , I prefer To invest it Offline because it's more guaranteed and secure than online , I believe that If you invest it online you can lose the whole budget , I'm not negative but it's truth and every marketer Know that , There is No Guaranty online , so I Will Invest It Offline Better

    Good luck
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    • Profile picture of the author Gambino
      Originally Posted by web lover View Post

      Personaly , I prefer To invest it Offline because it's more guaranteed and secure than online , I believe that If you invest it online you can lose the whole budget , I'm not negative but it's truth and every marketer Know that , There is No Guaranty online , so I Will Invest It Offline Better

      Good luck
      What? This must be why every offline business is successful.
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    • Profile picture of the author Daniel Evans
      I'd invest it in 3d printing and 'keep calm' merchandise.

      Scrap the latter.
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  • Profile picture of the author Nashtbg
    Funny! I posted an answer yesterday that did not appear!

    I was saying thank you to everyone and also that I liked very precise idea like the Taxi one.

    Of course, I am not going to take a decision based on only forum post. I just want opinion to see if there is something I am really missing

    Also, I am not looking for financial advice. It was more intended that way: What business/way to make money would you start with $40K?

    Thanks
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  • Profile picture of the author franchiseguy
    Buy a Franchise! It provides a proven business model and training and support from corporate. There are over 600 brands available in many vertical markets including sales, consulting, senior care, tutoring and more. Feel free to PM me if you would like to explore further.
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  • Profile picture of the author Brent Stangel
    What business would you start with $40,000?
    Alternative energy.

    It really doesn't much matter which route you take, it all produces insane ROI.
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  • Profile picture of the author slammer81
    Something that I had considered and started small with.

    But why ask random units on a forum to dictate your future? as you said it is your last 40K.

    Why not invest some in a company doing what you made the money doing in the first place? stick to what you know.
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  • Profile picture of the author kursat
    Have Sales Funnels in popular niches and use PPC to build lists and sales. I am sure you won't need all that money to start with but you can scale your success as you go along.
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  • Profile picture of the author gjabiz
    Just tossing this out...re: Investment Mindset.

    Yes, all 40 into one thing with proven safe ROI, slow growth.
    Or 25% in El

    1) Products
    2) Affiliates
    3) Service business
    4) Off line cash flow

    You could acquire the rights to a product to distribute
    You could find a high paying commission and hire sales people
    You could buy out a service business
    You could invest in an off line cash flow

    Examples: You could easily get into PRIVATE LABEL products, like nutritional supplements and hire marketers/copywriters, expand from profits
    Many inventors seeking investors.
    Maybe broker loans at upper end or higher priced products, like boats.
    Buy out a small cleaning company and expand it.

    WHAT you choose to do should be part of a plan, on what you want your money to achieve...Think of a GRAPE
    G goal what you want your money to do
    R reason, what exact reason do you have, what will you do with the ROI?
    AP Action Plan...what is the exact activity required, when analyzing opportunities and how much do you want to do and how much you want others to do.
    E ENERGY, which is related to movement how much energy will it take to get the ball rolling.

    You'll get many opinions, but only you know what you want the money to do, and then, only after having a clear goal and reason why...

    can you take a look at the myriad of opportunity which presents itself to idle money.

    Take 100 bux, buy a nice dinner and then don't touch the money until you have a very clear idea of what you want from it, then GATHER INFO, do due diligence, and don't touch a dime until all ideas are fully vetted.

    You have lots of options, take your time and think it through.

    El PASO and GRAPES

    gjabiz


    Originally Posted by Nashtbg View Post

    Hey Warriors,

    I would like to request your insights/advices!

    My background is in Online/mobile advertising/gaming and I have $40,000 at my disposal to start a new business. I also have some knowledge of the Affiliate marketing world. After spending this money I won't have anything left.

    What would you do? What field would you choose and why?

    I hope to be inspired by your answers.

    Thank you!

    D.
    {{ DiscussionBoard.errors[9989042].message }}
    • Profile picture of the author SFNY
      I agree...I like this answer, definitely helpful!

      Originally Posted by gjabiz View Post

      Just tossing this out...re: Investment Mindset.

      Yes, all 40 into one thing with proven safe ROI, slow growth.
      Or 25% in El

      1) Products
      2) Affiliates
      3) Service business
      4) Off line cash flow

      You could acquire the rights to a product to distribute
      You could find a high paying commission and hire sales people
      You could buy out a service business
      You could invest in an off line cash flow

      Examples: You could easily get into PRIVATE LABEL products, like nutritional supplements and hire marketers/copywriters, expand from profits
      Many inventors seeking investors.
      Maybe broker loans at upper end or higher priced products, like boats.
      Buy out a small cleaning company and expand it.

      WHAT you choose to do should be part of a plan, on what you want your money to achieve...Think of a GRAPE
      G goal what you want your money to do
      R reason, what exact reason do you have, what will you do with the ROI?
      AP Action Plan...what is the exact activity required, when analyzing opportunities and how much do you want to do and how much you want others to do.
      E ENERGY, which is related to movement how much energy will it take to get the ball rolling.

      You'll get many opinions, but only you know what you want the money to do, and then, only after having a clear goal and reason why...

      can you take a look at the myriad of opportunity which presents itself to idle money.

      Take 100 bux, buy a nice dinner and then don't touch the money until you have a very clear idea of what you want from it, then GATHER INFO, do due diligence, and don't touch a dime until all ideas are fully vetted.

      You have lots of options, take your time and think it through.

      El PASO and GRAPES

      gjabiz
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      • Profile picture of the author gjabiz
        Originally Posted by SFNY View Post

        I agree...I like this answer, definitely helpful!
        Thanks SFNY, I'll expound.

        I have NO affiliation to any of these companies, but have experience with people who have done these things.

        1) Absentee set ups: Nut Warmers
        Nut Warmers :: The Nutty Bavarian

        A friend had 10 of these set up at golf courses, each one made between 60 and 120 bux a week, on average about 100 profit per week per warmer or around 1,000 a week in profit. He spent about 3-4 hours on a Saturday morning servicing these. About 4k investment for a 1000 a week, can't do better than that, eh?

        2) I operated a hole in one contest at several golf courses, had a pretty girl at the designated hole, made about 500 bux on a Saturday while playing golf, investment around 2.5k

        3) Start a transcription service. MUCH needed service for IMers, who can dictate instead of type. The Philippines offer great service providers. You can find plenty of customers right here. I'm currently paying about 15 dollars per 15 mins of audio, which comes out to about an hour of time, or 60 bux an hour. Beat this price, you'll have all the work your outsources can handle.

        3) Start a car detailing; HEADLIGHT cleaning service, let others do the work, you collect the dough. Avg job makes 50 bux times 4 per hour. You would supply the supplies to Independent Contractors.

        4) Start an ON Demand Internet Marketing Training Center, in the Real World...offer classes (taught by others) in all things computer and Internet. Scale DOWN the Learning Annex.

        Look at ways to leverage your money, minimize your time, and maximize your profits. LET OTHERS DO THE WORK, you simply act as the owner and this is how you let your money make you more money.

        gjabiz

        PS. There are hundreds of possibilities, again, depends on what the goal is. I like absentee owned cash cows.
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        • Profile picture of the author SFNY
          Nice Gjabiz,

          These are the type of entrepreneurial ventures that interest me. I'm all about the idea of low cost startups that turn investments into cash - little risk and quicker return. For 7 years I was in nightlife and used my email list to promote clubs, organize campaigns, and coordinate events. All I had was a simple website. I'm not doing much now since I shut it down because of my relationship with the lady friend. I couldn't have women calling me all hours of the night looking to get them in lounges haha.

          Anyway, I've been on the fence myself about what to get into next. I have a full time job and a pension in a few years. I'll be ready to retire at 41 although I want to still work. I'm 31 now and looking to set myself up. The idea of building an authority site sounds good but ROI is very slow and sluggish. It's difficult to move forward and grow when all you see is 3.47 cents in Adsense after the first month of work.

          Would it be ok if I dropped you a message for some pointers?

          Thanks
          SFNY
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        • Profile picture of the author Nashtbg
          Originally Posted by gjabiz View Post

          Thanks SFNY, I'll expound.

          I have NO affiliation to any of these companies, but have experience with people who have done these things.

          1) Absentee set ups: Nut Warmers
          Nut Warmers :: The Nutty Bavarian

          A friend had 10 of these set up at golf courses, each one made between 60 and 120 bux a week, on average about 100 profit per week per warmer or around 1,000 a week in profit. He spent about 3-4 hours on a Saturday morning servicing these. About 4k investment for a 1000 a week, can't do better than that, eh?

          2) I operated a hole in one contest at several golf courses, had a pretty girl at the designated hole, made about 500 bux on a Saturday while playing golf, investment around 2.5k

          3) Start a transcription service. MUCH needed service for IMers, who can dictate instead of type. The Philippines offer great service providers. You can find plenty of customers right here. I'm currently paying about 15 dollars per 15 mins of audio, which comes out to about an hour of time, or 60 bux an hour. Beat this price, you'll have all the work your outsources can handle.

          3) Start a car detailing; HEADLIGHT cleaning service, let others do the work, you collect the dough. Avg job makes 50 bux times 4 per hour. You would supply the supplies to Independent Contractors.

          4) Start an ON Demand Internet Marketing Training Center, in the Real World...offer classes (taught by others) in all things computer and Internet. Scale DOWN the Learning Annex.

          Look at ways to leverage your money, minimize your time, and maximize your profits. LET OTHERS DO THE WORK, you simply act as the owner and this is how you let your money make you more money.

          gjabiz

          PS. There are hundreds of possibilities, again, depends on what the goal is. I like absentee owned cash cows.
          Thank you! I like the way you present things and all the possibilities.

          Having a day job, I am looking to spend 10 hours per week or less in this new activity. I figured Online was the easiest but I am not sure because it requires a lot of energy in the beginning
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  • Profile picture of the author tyronne78
    I would play to your strengths. You said you had experience in "Online/mobile advertising/gaming",if that's working for you do more of that.
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  • Profile picture of the author agmccall
    I would start a Hot Dog Cart and pocket the extra 35k

    al
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    • Profile picture of the author Nashtbg
      Originally Posted by agmccall View Post

      I would start a Hot Dog Cart and pocket the extra 35k

      al
      That's actually a good one! Except that you need to sell your hot dog!

      I am looking for something that requires less time or at least less time in the end.
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    • Profile picture of the author bloomingrose
      That is too funny.
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  • Profile picture of the author tyronne78
    Why not start a business picking up dog poop in your local area? Trust me,people will pay you to do stuff like that. Any kind of dirty work that people don't want to do is something you can make a business out of. How about a business picking up people's junk? Get creative.
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  • Profile picture of the author teamversion
    I would start a blog on: How I invested $40k.

    People will follow your day-to-day decisions and hopefully you win. Good luck
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  • Profile picture of the author rafsco
    If i had so much money i would spend half on women, gambling, and partying. The other half I would waste it on a flippa website for sale.
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    • Profile picture of the author discrat
      Originally Posted by rafsco View Post

      If i had so much money i would spend half on women, gambling, and partying. The other half I would waste it on a flippa website for sale.
      Gotta luv the Warrior Forum Members here


      - Robert Andrew
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    • Profile picture of the author aire
      Originally Posted by rafsco View Post

      If i had so much money i would spend half on women, gambling, and partying. The other half I would waste it on a flippa website for sale.
      LOL. This is funny.
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  • Profile picture of the author johnben1444
    You seem to have a good online background but probably don't have any marketing skills.

    Any of those things you listed as your area of speciality can be easily turned into a goldmine.

    Find out which of them have a good market that can be explored and build a site around it.

    It's better to start small and test the waters before spending any huge amount on any project including like this one.

    From my experience traffic is one of the main reason people fail online. If you can do your home work well, create a converting site, product and drive tons of targeted traffic to your site, you will do very well.

    Here is a tip of iceberg, you can spy on your competitors and see what they are doing and sensibly replicate the method as well as move to carve your own niche.

    If these look too tough you should consider hiring a mentor. It's worth it!
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  • Profile picture of the author anyaantonia
    Originally Posted by Nashtbg View Post

    Hey Warriors,

    I would like to request your insights/advices!

    My background is in Online/mobile advertising/gaming and I have $40,000 at my disposal to start a new business. I also have some knowledge of the Affiliate marketing world. After spending this money I won't have anything left.
    What would you do? What field would you choose and why?
    I hope to be inspired by your answers.
    Thank you!
    D.
    According to me, you should not invest your all money in a field. You should choose multiple way of earning. because if one sector fails to give you profit, another project will give you profit. Thanks.
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  • Profile picture of the author SandraGenJobs
    Don't invest it all art once! Start with small numbers, see how things go. Then, if everything goes your way, start investing bigger amounts, but again, not everything you have.
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  • Profile picture of the author garethjehu1
    I did have that sort of money at one time. I invested in a Subway Franchise. But the business didnt work because of the location and I expanding too quickly. There are risks with every business.

    I would personally keep the money in the bank and use it to pay yourself a wage while building a long term sustainable IM business. Or as its been mentioned above buy a property or 2. Use the money as a deposit and buy 2 houses with a $500-$600 per month rental per property. Mortgage payments $250-$300 each giving you a nice $600 per month profit and your capital is as safe as it is in the bank.
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  • Profile picture of the author Jesse75
    Starting a new bussines is the same as an investment. you said it's the only money you got left.
    Every investment has it's risks, so are you willing to lose some of the money?
    First you'll need to see what investment suits you best.
    Then you'll need to study the advantages and the disadvantages.
    You'll also need to diversify your capital, I like to do this into three things:
    Low risk (like banking account, some bonds etc)
    Medium risk (My work as personal trainer)
    and High risk (my investmens I did into stocks, real estate and as of late Forex)
    .
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  • Profile picture of the author Rory Singh
    If I was new and just starting out knowing what I know now, I would be starting the same exact business that I am in right now.

    The only thing difference is that I would be going in with the knowledge:

    1- That I would need to invest about 4 to 6 hours per day marketing (or more depending on how much time I want to collapse).

    2- That success comes from learning and mastering skills along with a lot of work,

    3- That I would also need lots of patience and that my results would take about 6 months of 'consistent' work before I start seeing anything juicy.

    And then it never stops there.

    4- I would always need to keep learning because this industry and what's working keeps changing.

    Balance Daniel Son, Balance
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  • If I was you, I wouldn't invest a large amount of money, without seing some result..

    If I was you, I would just start building new lists in new niches..

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    • Profile picture of the author Karen Blundell
      If I were you, I would never ever reveal that I have a large amount of money at my disposal on a public forum. You are just asking for trouble.

      No one in here can advise you. Only you know what your interests are, what your experience is, what your education is, what your strengths and weaknesses are.

      Don't be in too much of a hurry to part with your money. Take your time and do your own research -

      good luck!
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  • Profile picture of the author derekwong28
    It is easier to buy an existing business than to start a new one.

    About 10 years ago, I paid $35,000 for a link selling business. Using techniques learnt from that business, I was to sell nearly 1 million dollars in links over the years and enabled me to go full-time.
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  • Profile picture of the author weekendmarketer
    Buy Apple stocks. And wait for money to quadruple.

    Andy
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    • Profile picture of the author BigFrank
      Banned
      Originally Posted by weekendmarketer View Post

      Buy Apple stocks. And wait for money to quadruple.

      Andy
      Best advice offered in this thread. :-)

      Cheers. - Frank
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  • Profile picture of the author Jbarzok
    Well I am telling you this from some thoroughly researched idea. Save 50% of your funds into your account.
    Remaining 50% should be spent in this way.
    1- Select at least 3 different modules or Online Investment portals (4 or 5 is even better)
    2- Spend almost equal amounts among all of them
    3- Within 8 to 10 weeks you will know what's working and what isn't
    4- Spend more in the module that brings in more return with less cost and in less time frame.
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  • Profile picture of the author ryan2008
    I would take and build a list in a proven niche. Spend some money on solo ads and PPC marketing.
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  • Profile picture of the author Eagle07
    1. Buy evergreen traffic and monetize it over and over again. 20k
    2. Hire an app developer and put in of FB, monetize it over and over again. 10k
    3. Invest in Dividend paying stocks.10k
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    • Profile picture of the author Nashtbg
      Originally Posted by Eagle07 View Post

      1. Buy evergreen traffic and monetize it over and over again. 20k
      2. Hire an app developer and put in of FB, monetize it over and over again. 10k
      3. Invest in Dividend paying stocks.10k
      1. What's evergreen traffic? How do you monetize? Just Curious!
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      • Profile picture of the author Winning34
        Originally Posted by Nashtbg View Post

        1. What's evergreen traffic? How do you monetize? Just Curious!
        In the "real world", an evergreen tree is a tree that is green all the year round. It doesn't lose its leaves. It is always in season.

        In internet marketing, an evergreen market or niche is one that will always be in demand. It isn't seasonal or temporary. An example would be a website about "how to become a pilot" - People will always want info about flying and becoming a pilot. Even if people stop becoming interested in it, they will always be replaced by new people.

        An example of a non-evergreen market or niche would be a website about something that is trending. A website about pop group "One Direction" is sure to be very popular for the next few years but after that will probably die off if/when the group splits up and is replaced by the next big thing.
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  • Profile picture of the author yassine727
    Don't spend all your money in one idea. i would recommend to invest in KDP (kindle publishing). I know

    some people that make at least 5k a month and they have around 100 eBook.

    I have started too and I started making some $$. It does not take a lot and it is fast comparing to other

    ways to make money online. you just need to do some research to do it right.

    i am passionate about stocks, i am a swing trader and lost money but took me a year to realize how the game is

    played in Wall street but I would definitely NOT recommending taking that path unless you know somebody who

    knows how.

    nothing comes easy at first but hard work pays off!!! GOOD LUCK
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    • Profile picture of the author bloomingrose
      I would take a few thousand to build up stock and start selling on FBA.

      Work towards a 3X markup at the minimum.

      You can put the rest in a Money Market fund until you decide what to do.
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    • Profile picture of the author UW
      If I had 40k to spend I would head over to Flippa and find a site that is making 1k a month in the 15-20k range and use the rest to grow the site. Make sure the site is stable and reliable.

      You will earn 12k a year if you don't grow the site anymore. Then you can sell it for 20k whenever you want.

      Also, if you used 5k to grow the site with more content/links/ect you could easily grow the monthly earnings to 2k.

      Then sell it for 40k.

      Boom. One year later you have made 100% ROI
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      • Profile picture of the author Nashtbg
        Originally Posted by UW View Post

        If I had 40k to spend I would head over to Flippa and find a site that is making 1k a month in the 15-20k range and use the rest to grow the site. Make sure the site is stable and reliable.

        You will earn 12k a year if you don't grow the site anymore. Then you can sell it for 20k whenever you want.

        Also, if you used 5k to grow the site with more content/links/ect you could easily grow the monthly earnings to 2k.

        Then sell it for 40k.

        Boom. One year later you have made 100% ROI
        Yeah already thought about this one
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  • Profile picture of the author Nashtbg
    I really like this thread because I can see that people are thinking a lot differently when it comes to invest money and that's a great thing!

    It's a like a giant brainstorming!
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  • Profile picture of the author VizyMedia
    Internet marketing is very risky. You can lose too much money too fast if you don't have a good coach.
    Invest most of it offline in things like real estate, sales.
    Use some for product creation and put it on clickbank for affiliates to labor and make you money. The entire product conception, creation and marketing process can outsourced.

    Cheers
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  • Invest in property or something you are good at. Can't go wrong that way. I would suggest property
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    • Profile picture of the author options
      Originally Posted by Franklin Hatchett View Post

      Invest in property or something you are good at. Can't go wrong that way. I would suggest property

      To boring, its only going to be a deposit anyway.


      I always thought if I was to win the lottery, I would love to open a thread here, and give away say $50,000


      Watch this space....
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  • Profile picture of the author DoubleDi
    I would make a killer product and sell it for high price
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  • Profile picture of the author Nashtbg
    Does Someone know what is evergreen traffic? I am intrigued. The website is not that "self-explanatory"
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  • Profile picture of the author mikefashen
    First of all, you DO NOT start a business "with $40,000"

    Instead, you want to start much smaller than that.

    Decide on a market, hire someone to crate some good content around that market, hire someone on fiverr to create a landing page for you. Now use facebook and drive some traffic at your landing page and build a list.

    Last but not least, sell to the list.

    Start by spending VERY small. Maybe just $75 your first week on traffic to make sure your landing page will convert.

    If it does, SCALE SLOWLY. After your first 6 weeks or so your income should pay for traffic and you can keep that 40k in your bank account.

    If you are going to invest in something ... invest in a mentor. Because you seem to have plenty of readily available funds I would recommend Rich Schefren because he's really kind of the king on how to set up a business the right way with outsourcing of most every task.
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  • Profile picture of the author Dilip Mane
    It would be a wise decision to start one offline business and an online business with $40000 in your hand.

    As far as online business is concerned, you are at advantage as you already have some knowledge about affiliate marketing and that's the best thing to start with. Moreover, you don't need much of the amount from what you have.

    As far as offline business in concerned, trade is the wiser option as it has been time tested model since ages. You can start any kind of trading with what you are comfortable with like mobile, gaming, etc. Do not go along the way of production or manufacturing initially.

    Yes you can produce digital products however in your online business if you possess expertise in some niche.

    The second thing you have to do is to plan about how to invest and make a good use of those $40,000 you have.

    You have to split those $40000 in four parts. $5000 for learning and training. $5000 as a buffer plan or emergency cash. And rest you can use for both of your businesses. These are just examples. Actual amounts may very.

    It is good if both of your businesses run well. However, never ever make a mistake of transferring funds from one business to another if one of your businesses needs funds at any point of time. Try to bring that business in good condition on its own.

    All the best.
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  • Profile picture of the author fxstay
    invest in several things..50% forex trading and stocks and other %50 on gold and oil
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  • Profile picture of the author Slade556
    Maybe you should first think about what it is you want to do, not what others think you should do. Only you know what you're good at or what you're willing to spend time on to learn!
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  • Profile picture of the author teamversion
    You can also invest it in yourself such as learning a new skill. No one can take that away from you.
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  • Profile picture of the author Methodology
    You need money to support yourself while you start a new venture. It should be minimum 6 months but usually a year would be recommended if you are going to give yourself the best chance to succeed.

    If you are just going to set up a few affiliate banner sites then do it at the weekend and get a job.

    If you have $40k then you don't have $40k to start a business - you have $40k - 6 months living expenses = startup capital.
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  • Profile picture of the author maz1207
    I would suggest you to create your own product and sell it. If you need a personal coach, make sure to find a RELIABLE one since we can't predict others action even if they are BIG marketers. I've learned the hard way.
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  • Profile picture of the author Floyd Fisher
    Originally Posted by Nashtbg View Post

    Hey Warriors,

    I would like to request your insights/advices!

    My background is in Online/mobile advertising/gaming and I have $40,000 at my disposal to start a new business. I also have some knowledge of the Affiliate marketing world. After spending this money I won't have anything left.

    What would you do? What field would you choose and why?

    I hope to be inspired by your answers.

    Thank you!

    D.

    Buy a rental home outright.


    Rent it out.


    Use the profits from the rental to fund your online business.



    Now you're playing with house money, and can afford to make mistakes.
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  • Profile picture of the author Nashtbg
    That's actually a good one!

    Not sure I want to do this but thank you for the idea!
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  • Profile picture of the author articlearbiter
    Banned
    Since you already have some affiliate knowledge I would suggest you spend $500 - $1000 on affiliate marketing to taste the waters instead of spending all $40,000.
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  • Profile picture of the author verifiedacctz
    Apple stock is nice idea
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  • Profile picture of the author patadeperro
    Spend some of that money on your business education, nothing better than improve yourself.
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  • Profile picture of the author CurtisSWN
    I'd make a downpayment on an already positively cash flowing duplex or triplex.
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    Earns Me Over $146.72 in 12 Hours. This is Weird, But it Works!
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  • Profile picture of the author snic15
    Buy some property and then rent it, at least it's quite good business in my country
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  • Profile picture of the author Dave37
    If you want to invest in an online business, then a good way would be to hire a developer to produce a useful software in an area where it would be in high demand. People love to use software because it makes their life easier.
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  • Originally Posted by Nashtbg View Post

    Hey Warriors,

    I would like to request your insights/advices!

    My background is in Online/mobile advertising/gaming and I have $40,000 at my disposal to start a new business. I also have some knowledge of the Affiliate marketing world. After spending this money I won't have anything left.

    What would you do? What field would you choose and why?

    I hope to be inspired by your answers.

    Thank you!

    D.

    I would do what i'm trying to do now. Build a network of websites in a market, have them all squared away with rankings and social and sell ad's.
    Signature

    I would have invented Google and Microsoft if I was born earlier.

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  • Profile picture of the author leadgenninja
    1. Write info product or hire someone
    2. Clickfunnels account
    3. Webinar Account
    4. Facebook ads to webinar page
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  • Profile picture of the author teamversion
    Here's why investing in yourself is a good idea.
    As an example...
    Get an education in iOS and/or Android programming. I don't think it will cost you 40K... Probably less.. Choose an institution where graduates get a job at once. Your salary in the first year would be 50-60K. ROI is less than a year. During the first few months you could develop and sell your own apps. Get some side projects in oDesk too.
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    • Profile picture of the author teamversion
      Originally Posted by teamversion View Post

      Here's why investing in yourself is a good idea.
      As an example...
      Get an education in iOS and/or Android programming. I don't think it will cost you 40K... Probably less.. Choose an institution where graduates get a job at once. Your salary in the first year would be 50-60K. ROI is less than a year. During the first few months you could develop and sell your own apps. Get some side projects in oDesk too.
      Actually, after doing this, in 2 to 3 years time your salary increases and then you can implement all of the other suggestions.
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  • Profile picture of the author PartnerwithJoe
    Here is my opinion! Don't use all of the money on one business venture, diversify.
    1. Try to go on freelance and get an expert to create a product to put on warrior plus, Clickbank or Jvzoo.
    2. Come back on warrior forum and hire a warrior to drive quality traffic.

    3 build a list in the process! !, sell solos from the list to double your returns ....

    The list of things to do goes on...

    However don't expect to make a million over 1 month..& also expect a loss too that's business.

    If it's borrowed money? Please stay away from risking that money (advice)

    Originally Posted by Nashtbg View Post

    Hey Warriors,

    I would like to request your insights/advices!

    My background is in Online/mobile advertising/gaming and I have $40,000 at my disposal to start a new business. I also have some knowledge of the Affiliate marketing world. After spending this money I won't have anything left.

    What would you do? What field would you choose and why?

    I hope to be inspired by your answers.

    Thank you!

    D.
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  • Profile picture of the author ChrisBa
    To me, i'd start by thinking what business you can start with less money. Too often people are ready to throw in the money they have without strategizing fully.

    If you have a background in mobile/online advertising, why not continue with that?
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  • If I was to start all over again, I'd do what I do now, which is sell online advertising and traffic because that is the lifeblood of the internet and every business needs traffic and advertising. You're already interested in that field so I'd stay with that. My particular business model requires little time and investment (but the more investment, the better) and you can scale up as you see fit.
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    • Profile picture of the author rkahn
      Originally Posted by Michael J Anthony View Post

      If I was to start all over again, I'd do what I do now, which is sell online advertising and traffic because that is the lifeblood of the internet and every business needs traffic and advertising. You're already interested in that field so I'd stay with that. My particular business model requires little time and investment (but the more investment, the better) and you can scale up as you see fit.
      Good one, really! Thanks for the idea
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  • Profile picture of the author aunttee
    What a great thread!

    I'd be tempted to invest in joining Dan Kennedy as Mastermind leader, or whatever he's calling his platinum members these days.

    I have always had at least 3-5 different kinds of businesses going at once. Probably the best one was when I sold a car, took the $7800 and invested in a product I know inside and out and turned it into various streams of revenue that are still going. That is a tangible product, not IM. I tmultiplied because there were buyers out there hungry for the product, and for someone who could teach them about it.

    There are many, many low-investment businesses you could do and make money with, depending on what strikes your heart. There are way more that you could invest in and lose some or all money or lose your shirt!

    Within each business, try to make 'spokes' that come out from it. Example I had a black and white APHA stallion. At that time black-and-white was all the rage. Well, you can pour a lot of money into that horse, feeding, grooming, and showing him. You can stand him at stud and earn big $$. You can breed him to a select few mares yourself and not stand him for others (so that you control the bloodline) and the cost for the babies goes up, if he's high enough quality. I did both. Then I spoked it out by training other people's horses, and by raising the babies and training them for shows before selling. Then I sold him and 4 others for $50k each. Rinse, repeat. Did I mention, he cost $1,000 as a weanling? Diamond in the rough.

    If you want a more IM related example, you could create a piece of software and an accompanying written product. Then market that, bundling it with a solid funnel. Do this every month or every quarter, and start a private group to JV -- they can sell it, you can concentrate more on the other end. Or keep it all for yourself by heavily marketing your one or two products. After a couple years, bored with that? OK then how about a consulting service on how to do what you have done.

    Thing is, you want ideas but what you need is the ones that really resonate with you, down deep. Keep us posted.
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  • Profile picture of the author ryanga
    Didn't see any answer to your evergreen traffic- its a method you do 1 time and it brings in traffic without any further work.

    As far as your initial question of 40k. That is a large budget that you can see what works and then scale fast from there.

    I personally have invested close to that in an internet business that I am very pleased with. It truly has the done for you stuff that many others say they do for 100's. But those others never do and usually are missing some key points.

    Lost of great ideas but do not just throw all into 1 basket.

    Mine personally is a franchise/licensee business with proven track record.

    I would also recommend that you work with someone who will actually help you during the process. There are many links out there that you can join, invest money in and the person you got involved with won't even reach to welcome you or help guide you if needed.

    It seems many (not everyone) just wants to make money without creating relationships. Relationships creates a steady business for years to come.

    Out of this entire thread BUILD A QUALITY LIST!!! ...at the very least

    Good Luck
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  • Profile picture of the author acurren
    What I would do? partnership marketing...

    Take about 50% of the $40,000 and put it in a safe haven offshore bank account like in Singapore or Andorra.

    Then travel the world and barter, deal and grow a location independent business with the skills and knowledge you have. You have a lot of value to offer. Don't sell yourself short.

    Essentially it goes like this; You take your skills and assets and make strategic marketing partnerships with people that operate in markets that can cross promote with you.

    You do what you do well for them and they do for you what they do well. Win win... You have different connections, lists, capital, products.

    For example; I do travel booking. So I go out to event planners, meeting organizers and people that do retreat planning to offer them a deal for free travel if they recommend my services to their connections.

    Example 2; I do local business seo/lead gen. So I make deals with businesses that need my service for what they do that I want.

    And what do I want? Luxury accommodations, first class travel and the finest things life has to offer.

    That's what I would do...
    105
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  • Profile picture of the author workhomeplanet
    I would invest $40K in REIT stocks (like Realty Income Corporation (stock symbol O)), collect a monthly dividend in my account, and re-invest these dividends in more REIT stocks, so that I can create the snow ball effect to keep increasing the monthly dividends by purchasing more monthly REIT dividend stocks...
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  • Profile picture of the author HuiBang
    Start with something you can definitely do effortlessly. Don't spend all money in one idea.You can spend less on one and focus on its success. I would recommend the new emerging business idea that is in high demand because of simple business model and high earning opportunities.


    You can start an online coupon or daily deal website like Groupon at just $499. The idea of giving deals to potential customers has been everywhere forever, and it works. Good deals always excite people and People who usually look for the best price on these deals always search for a daily deal site or search online. You will earn in the form, commission from each coupon and offer credited by users To create Groupon clone on a low budget, bitFATDeals offers clone script that helps you start a coupon website without any fuss or hassle.
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  • Profile picture of the author microscopes
    Originally Posted by Nashtbg View Post

    After spending this money I won't have anything left.
    Then you don't have $40,000.

    1) Subtract your rent/mortgage for the next year. Let's say $800 a month in rent = $9,600
    2) Food for the year. Let's say $500 a month = $6,000
    3) Internet for the year. Let's say $50 a month = $600

    Total for the year = $16,000 in expenses

    Now you have ALL of your NECESSARY expenses paid FOR THE YEAR and you have $24,000 LEFT for your business.

    You can spend all of your time building your brand new business into a super power because you have nothing to worry about. Rent is taken care of, Food is taken care of, Miscellaneous Expenses are taken care of.

    With $24,000 you can purchase a business profiting in the $1,500 to $2,000 per month range.

    That's how I would suggest to do it.

    Gaining a business that profits $1,500 to $2k right off the bat and having a year of no distractions to scale it is ... priceless.
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  • Profile picture of the author thedark
    Split your money in at least 3 different chunks: 20,000, 10,000, 5000, 2500, 2500.

    Online ventures usually don't need that much money upfront. It takes time to build a product, tweak it, get traffic, improve conversions until you make it break even. If you start throwing a lot of money on the window you won't last enough to get to break even. Find something that works and then invest the money.

    You will need to spend some money to build a website ( if you don't know how to do it yourself ), drive test traffic, but that will be under $1000 for every site you test. When you find a good converting solution, invest more money, and more, until you make good profits.
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  • Profile picture of the author xfjyf
    Banned
    [DELETED]
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    • Profile picture of the author Nashtbg
      Thanks for all the answers!!

      Very nice to get everyone's advice.
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      • Profile picture of the author discrat
        Originally Posted by Nashtbg View Post

        Thanks for all the answers!!

        Very nice to get everyone's advice.
        personally, I would use it for a Male Escort Service with Big Frank as one of my most esteemed
        employees... a real ball breaker
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        • Profile picture of the author BigFrank
          Banned
          Originally Posted by discrat View Post

          personally, I would use it for a Male Escort Service with Big Frank as one of my most esteemed employees... a real ball breaker
          Thank you. It's always nice when one's gift is identified and acknowledged. It makes all the hard work, worthwhile. :-)

          Cheers. - Frank
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          • Profile picture of the author arrival7
            Hi, I just PMed you...Not another scheme .......
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  • Profile picture of the author tonymanso
    Originally Posted by Nashtbg View Post

    Hey Warriors,

    I would like to request your insights/advices!

    My background is in Online/mobile advertising/gaming and I have $40,000 at my disposal to start a new business. I also have some knowledge of the Affiliate marketing world. After spending this money I won't have anything left.

    What would you do? What field would you choose and why?

    I hope to be inspired by your answers.

    Thank you!

    D.
    I'm sure someone has already said this by now, but just in case...

    Create a product/course/membership-site/etc. that shows step by step how you were able to raise $40000 to start a business, then pay someone a few hundred bucks to set up a sales funnel for you to capture leads and subscribers. Once you have a good following, create a new product that shows people how you were able to create a successful and profitable membership site. :-)
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    • Profile picture of the author Nashtbg
      Originally Posted by tonymanso View Post

      I'm sure someone has already said this by now, but just in case...

      Create a product/course/membership-site/etc. that shows step by step how you were able to raise $40000 to start a business, then pay someone a few hundred bucks to set up a sales funnel for you to capture leads and subscribers. Once you have a good following, create a new product that shows people how you were able to create a successful and profitable membership site. :-)
      Thanks a lot for the idea. It's a great one but I do think it's boring to do that and require a lot of efforts. I am more thinking about dropshipping e-commerce or something in this area

      You work a lot in the beginning but less and less
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  • Profile picture of the author Omarkenawy
    Create your own product

    If you have no idea, you can outsource someone on Elance ( most recommended place to outsource any thing )

    Your product may be digital ebook, kindle or piece of software that can help people to resolve their problems on whatever you choose.

    If your product is so great and really provide quality and valuable tips and info. Then you can set back and see the ball roll on, since there will be more affiliates promoting your products and make you profits.

    Thanks
    Best Regards
    Omar Saady
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    • You should grow your capital and use your profits to invest in your passion.

      What are you passionate about... gaming? Then create an online business around gaming.

      As an accountant, I can show you how to grow only a portion of what you have available into several thousands monthly to invest into your passion.

      I will PM you.
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  • I would create a direct response business with $10,000.00 and I will use the $30,000.00 left over to take my wife and kids on holiday.
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  • Profile picture of the author markamiddletonsr
    Look into Private Labeling...I heard once the research is done on the product, the ROI is tremendous...
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  • Profile picture of the author paulie888
    There is so much you could do with $40,000. What worries me is your comment that after spending this amount you won't have anything left.

    Since you say that you have experience doing affiliate marketing, I'd recommend you develop a squeeze page for the IM niche (which you should be able to do in your sleep) and then purchase some solo ads for not more than $1,000.

    Continue building your email list with list swaps and reinvest money that you make from a combination of selling solos and promoting affiliate offers to your list into more solo ads.

    Rinse and repeat.

    Consider creating your own products and funnel which you can send your list to. Learn how to do Facebook advertising and use some of your profit to send traffic to your funnel.

    Keep the $38,000+ in the bank or somewhere safe and don't even consider dipping into that for your business, at least not until you're consistently making $5,000+ a month with your internet marketing. At that point, you can consider using a couple more thousand to invest in more traffic, because by then you should be confident in your ability to get a positive return on investment on your ad spend.
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  • Profile picture of the author neralu
    Here are the options that i would suggest
    1) Buy an existing business - Websites that are already making money online consistently
    2) Do a Joint venture - Persons who are already making little profit, but they want to scale their business, but dont have money
    3) List building

    Any of the above would be the best way to invest your money.
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  • Profile picture of the author reachintan
    Just read out this wonderful article How to Make Money Blogging - Guide for 2015 from Amy Andrews if you want to make money blogging...

    You can even opt for what I am doing because the best part is it is free for life...make money by generating commissions on thousands of products or services...
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    Chintan Mehta

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  • Profile picture of the author nivlek2009
    Record some great videos of your baby, upload to Youtube, enable ads and share on video forums. Then keep your $40,000 or spend a tiny portion of it on Youtube advertising to kickstart your viral video. Or deposit about $200 with Oanda or Finfx and use their signal service to get started...
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    I Pay $1.00 Per Email Address + Affiliate Commissions.
    Message Me Now.
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    • Profile picture of the author arrival7
      with $40,000 I would create an online site that mirrors the TV show Shark Tank and have people submit their ideas, products or services to my site. Then I would pick the best one and go from there. I would not take down the site, I would invite other investors to the site who may want to invest in products, ideas or services that I did not pick , and keep advertising for ideas submission. I would set up the site in a platform style and keep rinsing and repeating the process!

      Think about the people with great ideas that cannot get on the commercialized Shark Tank!!
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  • Profile picture of the author ContentPro22
    Build some sales funnels. See which one converts the best. Invest the rest of your money in that one.
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  • Profile picture of the author Nexstair
    Start from less - take time to learn and then re-invest.Only focus on things you know in start then start taking risk along your way.
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